End of quarter jam up, make it look good for the 401k envelopes going out next week. Last week caught me off guard, but I should have know better to think the market would make any sort of real correction.
Its true, they say the same thing over and over and over. I have been doing this for 15 years. Seen bull and bear three times. It's the same thing over and over and over.
It look at an intra day chart and tell me what you see for the past 6 hours. I think the dow was in a 40 point range for 6 hours.
You are looking at the wrong market. You need to buy the market where high school drop outs are going all-in. Look at ASHR or FXI. They are only up 4.63% today, which is a bargain because they will go up every day. And if it goes down, the Chinese govt will do QE, and so there is never any risk. And yes, ASHR and FXI does go up the past 6 hours -- it goes up when China is awake and it goes up when China asleep. Therefore, you get twice the returns for zero risk!
As usual the stock index futures will rise overnight. When America wakes up we will hear...." LOOKS LIKE A HIGHER OPEN ON WALL STREET.......last day of the quarter it's GUARANTEED people.....BUY NOW $$$$ ES IS NOW AT 2076.50.....WATCH AND LEARN $$$$$$$
Ok so once in a blue moon it did not rise overnight, that just makes tonight's case even better. I am fairly cretin it will close green today. Anyway you know what to expect by lunch time. "WELL OFF THE LOWS AT THE HIGH OF THE SESSION"
S&P was down in January and was up in February and it seems that it will down in March (as of now). YTD is up about 1.5%
No worries about this triple digit sell off Just buy and make free money...here is another Fun Fact from the stock trader almanac, The first trading day of the second quarter, which begins on April 1, has shown strong performance over the past 20 years, according to the Stock Trader's Almanac. During that time, the S&P 500 advanced 16 times with an average gain of 0.56 percent. The index only declined four times, most recently in 2013 when April 1 was the day after Easter, which has marked the S&P 500's worst post-holiday trading session.